FAQ

1. To hold or not to hold?

If the warrant is expired OTM (Out-the-money), we suggest the investors not to hold the warrant because the warrants will be worth ZERO value upon expiry. 

2. How do I calculate my Cash Settlement Amount?

Local Equity Call Warrants: Quantity x (VWAP* price – Exercise price) / Exercise Ratio

Local Equity Put Warrants: Quantity x (Exercise price – VWAP* price) / Exercise Ratio

Local Index Call Warrants: Quantity x (Settlement Index Point – Exercise Index Point) / Exercise Ratio

Local Index Put Warrants: Quantity x (Exercise Index Point – Settlement Index Point) / Exercise Ratio

Foreign Index Call Warrants: Quantity x (Settlement Index Point – Exercise Index Point) / Exercise Ratio x Exchange rate

Foreign Index Put Warrants: Quantity x (Exercise Index Point – Settlement Index Point) / Exercise Ratio x Exchange rate

 

*VWAP: Volume Weighted Average Price

3. When will my Cash Settlement cheque be arriving for my In-The-Money warrant?

Investors who have registered for e-dividend will receive the cash settlement directly in their accounts registered.
For investors who have not registered, the share registrar will issue a cheque to the warrant holders, both of which within 7 working days from expiry.